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Old 12th Mar 2008, 10:31
  #890 (permalink)  
jester_icarus
 
Join Date: Sep 2007
Location: TIGAH
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bond

jollibee,

i was asked a cash bond or a property bond from pal. the amount is equal to the training cost.

the cash bond is put into an escrow account (sort of) and held there until your contract is fulfilled. the property bond is similar where there would be a lien on the property. the lien is held on the property in lieu of the training cost. the lien would then be removed when your contract is also fulfilled. the contract is for 3 years. this info was from around October 2007.

thanks for the citizenship info
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